Spring 2021 Insight Employer Newsletter

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3 ways employers can save with a Health Savings Account (HSA)

As a way to help their employees pay for qualified medical expenses, employers that offer a High Deductible Health Plan (HDHP) may be able to combine it with a Health Savings Account (HSA). Approximately 29 million Americans have an HSA, and balances of these accounts total more than $73.5 billion, according to the 2020 Midyear Devenir HSA Research Report.

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What you need to know about the COBRA subsidy provision under the ARPA

On March 11, President Biden signed the American Rescue Plan Act (ARPA), a $1.9 trillion COVID-19 relief package aimed to alleviate the financial burden from COVID on middle income families and provide funding for public health efforts.

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Creating a culture that supports the mental health of your employees

By George Burnett, M.D., Medical Director, Behavioral Health, Independent Health

For more than 70 years, May has been observed as National Mental Health Awareness Month in the United States. Mental health issues continue to be a growing concern for employers and their employees, both personally and professionally. According to the National Alliance on Mental Illness, about 1 in 5 adults experience mental illness each year, but only 40% seek the necessary help.

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Reddy Bikeshare: A healthy and fun way to explore the Buffalo-Niagara region

As a way to encourage exercise, recreation and green transportation, Independent Health and Shared Mobility, Inc. have once again teamed up to launch the sixth season of the popular Reddy Bikeshare program. Nearly 400 GPS-enabled Reddy bikes are currently available for short-term rent at 90 stations throughout Buffalo and Niagara Falls.

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Your employees can earn a reward by “going green”

Beginning mid-May, Independent Health will be rolling out a 90-day incentive program to your employees who are Independent Health members. We are excited to reward our members for “going green” by choosing paperless delivery for their Explanation of Benefits (EOB). To receive a reward, members will have to create a secure account either through the MyIH mobile app or on our website, if they don’t have an account already. To learn more about this incentive program, please contact your account manager.

Reminder about free virtual health and wellness classes

Independent Health would like to remind you that your employees can take part in free health and wellness classes through our Health Hub. This is yet another way we are helping our community stay active, connected and healthy during these challenging times. We recently emailed a schedule of upcoming classes to our commercial plan members. Registration is not required for any of the classes.